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2020-03-31-accounts

CONTENTS PAGES
Officers and Advisers
Report of the Members ofthe Council 2 to 4
Independent Examiner's Report
Statement
of
Financial Activities
Company
Balance Sheet
Notes to the Financial Statements Sto 13
The following page does not form part ofthe financial statements
Income and Expenditure Account 14

Unrestricted Unrestricted Restricted
Fund Fund Total Total
2020 2020 2020 2010
Note F 8 F
INCOMING
RESOURCES
Incoming Resources from
generated
funds
Voluntary
Income
3,576 5,338 8,914 14,366
Covenant
from subsidiary
15,519 15,519 26,290
Investment
income
341 341 354
Incoming resources from
charitable
activities:
2 506 2 506 6710
Total Incoming
Resources
19 436 7844 27 280 47 720
RESOURCES EXPENDED
Costs of Generating
funds
Charitable
and school activities
47,727 47,727 63,733
Governance
costs
4 358 4358 9873
Total Resources Expended 4 358 47 727 52 085 73606
Net Incoming
Resources
Surplus - (Deficit) 15 078 ~39883 ~24 805 ~25 886

31 MARCH 2020
2020 ~20 9
Note 6 6
FIXED ASSETS
Investments 100
CURRENT ASSETS
Debtors 10 64,455 76,323
Cash at bank and in hand ~59 51 76241
123,970 152,564
CREDITORS: amounts falling due within one year 3789
NET CURRENT ASSETS ~20 148775
TOTAL ASSETS LESS CURRENT LIABILITIES 124070 ~148 8 5
CAPITAL AND RESERVES
Income and expenditure account 12 12407

VOLUNTARY INCOME Unrestricted Restricted Total Total
Funds Funds 2020 2019
6 6
Parental
contributions
3,911 3,911 8,352
Old Tiffinian and other contributions 3,576 3,576 3,426
Tax repayments 1 427 1 427 2 588
3576 5338 8914 14366

Unrestricted Designated Restricted Total Total
Funds Fund Funds 2020
E
2019
f
Charity collections - restricted 2 506 2 506 6710

2020 2019f
Deposit accrual interest—
unrestricted funds 341 354
Restricted Restricted
Funds Funds
Charitable School Total Total
Donations
f
Activities
f
Governance
f
2020
f
20'l9
f
Donation to
Tiffin School 5,221 5,221 4,694
Charitable Collection 2,506 2,506 6,710
Prize Fund 814
School Activities 40,000 40,000 51,515
Other costs 4358 4358 9873
7 727 40000 4358 52 085 73606

At 1 April 2019 At 1 April 2019 and 31 March 202 and 31 March 202 and 31 March 202 0 8
100
8
100
Tiffinian
Limited
holds the entire ordinary share capital of Elmfiield Enterprises
Limited,
a trading
company
which
operates the Tiffin School shop. The results of the subsidiary have not been
consolidated In the Statement of Financial Activities. The total net profit is giffed to the charity. A
summary
of the
results ofthe subsidiary
is as follows:
2020 2019
Turnover 137,501 155,989
Cost ofsales 88256 93514
Gross profit 49,245 62,475
Administrative expenses (including gift to Tiffinian Limited) 49245 62 475
Net surplus
(deficit)
The aggregate assets, liabilities and funds were:
Assets 63,260 79,309
Liabilities ~64 240 ~80 289
~980) 980
Share capital 100 100
Profit and loss account - deficit ~1080 ~1080
980 980

2020f 2019
Amounts due from group undertakings 63,983 74,754
Other debtors 472 1.569
64 455 76323

Restricted Funds
Parental Prise Unrestricted '
Funds'
f
Fund
f
Funds
f
2020
f
2019
f.
At 1 April 2019 137,880 15,080 (4,085) 148,875 174,761
Surplus/(Deficit) of income
over expenditure for the year ~38633 13828 f224805 ~25 886
At 31 March 2020 99247 15080 L99743 124070 148875